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The market demand- (and supply) curve paradox

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  • Kjetil Haugen
  • Knut P. Heen

Abstract

After many years of teaching utility maximization in Microeconomics a certain paradoxical puzzle has come to our attention. It is very simple and straightforward, but we still find it hard to explain it to students. Our hope is that the distinguished community of theoretical economists may help us solve this mystery. After all, we would find it extremely unlikely that we are the first persons to identify this paradox.

Suggested Citation

  • Kjetil Haugen & Knut P. Heen, 2021. "The market demand- (and supply) curve paradox," Economics and Business Letters, Oviedo University Press, vol. 10(1), pages 69-71.
    • Handle: RePEc:ove:journl:aid:14821
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    File URL: https://reunido.uniovi.es/index.php/EBL/article/view/14821
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